Elon Musk, co-chair of OpenAI since its inception in December 2015, disclosed that he was offered shares in the AI company at various points but declined due to ethical concerns. Despite pledging $1 billion to the project, Musk expressed reservations about the legality and ethics of accepting shares in the nonprofit organization, which aims to develop artificial intelligence for the greater benefit of humanity.
Responding to a user’s question on X, Musk clarified that the company’s structure raised legal uncertainties for him. However, he did not specify the timing, quantity, or source of the shares offer.
Recently, OpenAI’s valuation soared to approximately $80 billion, following a deal allowing staff to monetize their shares. Nonetheless, representatives for OpenAI have yet to comment on Musk’s revelations.
Musk’s association with OpenAI ended in 2018 when he resigned from its board, citing potential conflicts of interest with Tesla’s AI endeavors. Later, he cited disagreements with the OpenAI team as another reason for his departure.
Despite his previous involvement, Musk has criticized OpenAI’s direction, particularly its partnership with Microsoft and alleged shift toward profit maximization. He asserted that such a focus contradicts the nonprofit’s original mission.
In response to perceived deviations in OpenAI’s objectives, Musk launched his own AI venture and introduced a chatbot competitor to OpenAI’s ChatGPT.
As Musk continues to navigate the AI landscape, his disclosures shed light on the complexities surrounding ethical considerations and the pursuit of technological advancements.
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